Property Description

DRAFT DETAILS The property comprises a three storey end of terrace building sub let to a charity with glass frontage and separate side entrance. May be suitable for alternative uses, subject to obtaining the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding. The property is held on a fifteen year FRI lease (currently sub let) commencing August 2020 with break at year five. Current passing rent of £12,000 per annum. We have been advised that the vendors hold a six month deposit for the tenants. Rent reviews will take place on years five and ten. The property is located along Pow Street in Workington town centre with many national and local retailers within close proximity. Workington bus station is within approximately 0.3 miles of the property.

Net Sales Area(all approximate):

730 square feet (67.86 square metres)

Sales in terms of Zone A:

478 square feet (44.44 square metres)

First Floor Front Office:

259 square feet (24.03 square metres)

First Floor Rear Office:

177 square feet (16.45 square metres)

Second Floor Storage Room/Office:

266 square feet (24.75 square metres)

Staff Kitchen:

86 square feet (7.99 square metres)

Please note:

All measurements are approximations. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Please note:

The auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure

Freehold

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